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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 86,954 $ 107,858
Restricted cash 490 490
Marketable securities 176,971 215,464
Accounts receivable 1,479 0
Other receivables 6,444 4,346
Inventory 328 0
Derivative asset 477 0
Prepaid expenses and other current assets 3,891 3,341
Total current assets 277,034 331,499
Property, plant, and equipment, net 190,669 154,183
Operating lease right-of-use asset 2,625 2,779
Intangible assets, net 150 160
Other long-term assets 12,992 5,079
Total assets 483,470 493,700
Current liabilities    
Accounts payable 7,922 10,384
Accrued expenses 5,686 8,414
Operating lease liability, current 624 619
Other liabilities, current 731 51
Derivative liability 61 344
Total current liabilities 15,024 19,812
Earnout liability 29,894 42,533
Canadian Government Research and Development Program liability 7,194 7,185
Assumed common stock warrants liability 24,106 30,872
Notes payable 5,189 5,847
Operating lease liability 2,092 2,249
Other liabilities, long-term 8,829 8,297
Total liabilities 92,328 116,795
Commitments and contingencies (See Note 19)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 143,267,991 and 143,034,225, issued and outstanding as of March 31, 2023 and December 31, 2022, respectively (including 4,500,000 Sponsor Vesting Shares) 14 14
Additional paid-in capital 374,010 371,072
Retained earnings 31,541 21,772
Accumulated other comprehensive loss (14,423) (15,953)
Total stockholders’ equity 391,142 376,905
Total liabilities and stockholders’ equity $ 483,470 $ 493,700